Power Finance Corporation Limited has announced that its Board of Directors will convene on February 05, 2026, to review the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting will consider both standalone and consolidated financial results for the quarter and nine months ended December 31, 2025.

Board Meeting Details

The announcement was made through a formal communication to stock exchanges on January 27, 2026, in compliance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Restrictions

In accordance with the company's insider trading policies, Power Finance Corporation has implemented trading window restrictions to prevent any potential misuse of unpublished price sensitive information. The trading window closure affects both equity shares and listed debt securities, including tax-free bonds.

Compliance Framework

The trading window closure is implemented under the company's "Code of Practices & Procedures for Fair Disclosure of Unpublished Price Sensitive Information and Conduct for Regulating, Monitoring & Reporting of Trading in the Securities of Power Finance Corporation Limited." All designated persons and their immediate relatives have been specifically advised against dealing in the company's securities during this restricted period.

Corporate Communication

The formal intimation was signed by Manish Kumar Agarwal, Company Secretary & Compliance Officer, and submitted to both the National Stock Exchange of India Limited and BSE Limited on January 27, 2026. The communication ensures transparency and regulatory compliance ahead of the financial results announcement.

Investors seeking diversification opportunities beyond traditional equity and precious metal investments are increasingly turning to Power Finance Corporation 's zero coupon bonds (ZCB). The Maharatna public sector unit has launched these bonds with a tenure of 10 years and 1 month, offering attractive tax benefits and competitive returns.

Tax Advantage Framework

The zero coupon bonds provide significant tax efficiency compared to traditional fixed income instruments. According to Gautam Nayak, Partner at CNK and Associates LLP, gains on redemption qualify as long-term capital gains rather than interest income when held for more than 12 months. This classification results in taxation at 12.5% long-term capital gains tax plus 4% education cess, substantially lower than the 30.9% tax rate applicable to high-bracket investors on regular income.

"Zero Coupon bonds are getting traction from ultra HNIs in the high tax bracket, as income is treated as capital gains here," notes Suresh Darak, CEO of Bondbazaar.

Investment Structure and Returns

The bond offering presents different pricing tiers based on investment amounts:

Comparative Analysis with Other Investment Options

The PFC zero coupon bonds demonstrate superior post-tax returns compared to alternative fixed income investments:

Market Dynamics and Capital Appreciation Potential

Wealth managers anticipate additional returns through capital appreciation opportunities. Vikram Dalal, Managing Director of Synergee Capital, suggests that declining interest rates could provide further benefits. "As interest rates head down by 25-50 basis over the next 12-18 months, investors could earn a capital appreciation of 2-4%," Dalal explains.

Issue Details and Liquidity Features

The public issue of secured PFC bonds remains open until January 30, with provisions for early closure if oversubscribed. The bonds will be listed on stock exchanges, providing interim liquidity to investors during the tenure period. This listing feature distinguishes the offering from traditional fixed deposits and enhances investor flexibility.